GraceKennedy Limited (GK) has advised that the Company repurchased 534,844 GraceKennedy shares under the GraceKennedy 2023 Share Repurchase Programme as outlined below.
| Date of Purchase | No. of Shares | Price |
| 8-Jul-24 | 42,120 | JM$73.20 |
| 8-Jul-24 | 40,124 | JM$74.00 |
| 8-Jul-24 | 9,876 | JM$73.99 |
| 10-Jul-24 | 450 | JM$73.95 |
| 10-Jul-24 | 1,778 | JM$73.20 |
| 10-Jul-24 | 1,100 | JM$73.95 |
| 10-Jul-24 | 239 | JM$73.95 |
| 10-Jul-24 | 16,564 | JM$73.99 |
| 10-Jul-24 | 31,658 | JM$73.99 |
| 11-Jul-24 | 2,242 | TT$3.69 |
| 11-Jul-24 | 409 | TT$3.70 |
| 12-Jul-24 | 31,128 | TT$3.89 |
| 15-Jul-24 | 220 | JM$73.45 |
| 15-Jul-24 | 300 | JM$73.45 |
| 15-Jul-24 | 15,000 | JM$73.45 |
| 15-Jul-24 | 305 | JM$73.50 |
| 15-Jul-24 | 336 | JM$73.45 |
| 15-Jul-24 | 99,695 | JM$73.50 |
| 15-Jul-24 | 79 | JM$73.45 |
| 16-Jul-24 | 166,221 | TT$3.89 |
| 17-Jul-24 | 12,550 | JM$72.51 |
| 17-Jul-24 | 31,330 | JM$73.00 |
| 17-Jul-24 | 6,120 | JM$73.00 |
| 17-Jul-24 | 25,000 | JM$73.00 |
| Total | 534,844 |
The Company further advises as follows:
- The purpose of the purchase – To enhance shareholder value
- The maximum intended repurchase – Up to 1% of the shares in issue (approximately 9,950,000 shares). The actual number of shares repurchased as at July 17, 2024 is a total of 3,327,566 shares
- The effective date of the purchase – Per table above
- The source of funding of the purchase – The Company’s cash flows
- The method of effecting the purchase – On the open market via our brokers
